India Inc, which is sitting on cash balances of 13.5 trillion, is using the funds to meet capital expenditure as well as brownfield expansion, resulting in 'anaemic' demand for bank loans, State Bank of India (SBI) chairman CS Setty said at an event on Monday. He added that a slowdown in corporate credit is mainly due to lack of demand.
US-based retail giant Walmart will connect one lakh more MSMEs in the next three years to its supplier development programme in India, a company official said here on Thursday. The programme, Walmart Vriddhi, has partnered with Ideas to Impact Foundation (i2i), which will enable more MSMEs to expand their access to both national and international markets, helped by the combined strengths of Walmart's global supply chain and Flipkart's e-commerce capabilities.
Prime Minister Narendra Modi announced a Rs 1,600-crore assistance package for flood-hit Punjab after reviewing the damage. He also announced ex gratia for the deceased and injured. The state is battling its worst deluge since 1988.
The US's recent 50 per cent tariff on Indian exports will have a trickledown effect on India's affordable housing, potentially derailing demand as well as supply in this segment, according to experts. Pointing to worker incomes and jobs in micro, small and medium enterprises (MSMEs), and small and medium enterprises (SMEs) that typically make up majority of the customer base of affordable housing, would take a hit in the near terms due to the tariff change, further crippling India's affordable housing sector, already reeling from the impact of the Covid-19 pandemic.
Despite facing financial constraints, Kerala has been able to invest in welfare schemes and targeted programmes.
Hero of India's two global triumphs, 44-year-old Yuvraj had guided young Gill and India's T20 opener Abhishek Sharma during the Covid-19 lockdown when they even stayed at his Chandigarh bungalow.
Trisha Krishnan's fashion sense reflects her dynamic personality, her eye for detail and her love for vibrant prints.
By democratising access to finance, empowering women and marginalised groups, and adapting to India's diverse regional landscapes, PMMY has helped fortify the country's grassroots growth engines, says Chief Economic Advisor to the Government of India, V Anantha Nageswaran.
Simplifying GST rates, removing exemptions, easing disputes, and speeding up refunds can boost investment in India and offer the best reply to Trump's tariffs, observes V S Krishnan, former member, Central Board of Indirect Taxes and Customs.
'Due to tariff uncertainty, automotive customers reduced their steel uplift by almost 15 per cent.'
A new global study on Wednesday listed India among the top fintech hotspots alongside the US and the UK. The World Economic Forum study, released at its Annual Meeting of New Champions in China's Tianjin, also said the fintech sector growth is stabilising amid strengthening profitability and inclusion.
Prime Minister Narendra Modi on Friday said India will never compromise the interests of its farmers, fishermen and dairy farmers, asserting that he would be ready to pay any price.
UPI has catapulted India into the forefront on the global digital payments landscape. Working hand in hand, the AePS payments system is making life easy for rural folks, notes Tamal Bandyopadhyay.
India's goods exports rebounded in July after two months of contraction, with outbound shipments rising 7.3 per cent to $37.24 billion, led by a surge in exports to the United States before the country's reciprocal tariff kicked in and bolstered by a recovery in exports to other key markets.
'We have been following the micro-change philosophy, where every six weeks we implement these AI features into our internal systems, products, platforms and then release it to our employees.'
Adarsh Rai, an emotional intelligence coach and the founder-CEO of HR Brain HUB, suggests simple, practical tips that will help you adapt and thrive while working with Gen Z and millennial bosses in today's evolving workplace.
Aishwarya Rai Bachchan picked a custom made Gaurav Gupta gown for her second appearance at Cannes.
From gorgeous gowns to sleek suits, the stars at Cannes showed us Indian-designed outfits that were a unique expression of style and artistry.
We propose an expert group be set up to form a national strategy on digital fraud. This group would bring together skills in financial regulation, security economics, cyber defence, and public communications, and an understanding of the Indian financial and security systems. It should lay the foundations of a coordinated approach by the Indian State in fighting digital fraud, suggest Ajay Shah and Nandkumar Saravade.
Handbags in Bollywood are not just fashion statements; they are status symbols that often come with jaw-dropping price tags.
Security agencies have gathered evidence, including Pakistani government documents and biometric data, confirming that the terrorists involved in the Pahalgam attack were Pakistani nationals.
The famous 'tareekh pe tareekh' dialogue from the Hindi movie Damini captures where we are now.
If India caves in to US pressure as Trump hopes it will, he will further try to blackmail it into submission, points out Ramesh Menon.
The orders issued this month have selected ministries ranging from home affairs under Amit Shah to rural development, headed by Shivraj Singh Chouhan, to move to Building 3 -- currently named CCS-03 -- on Kartavya Path. The scale of the shift will be even larger than when most of Lutyens' Delhi's present crop of government buildings came up in the early 1930s.
Shukla created history on Wednesday by embarking on a journey to the International Space Station (ISS) as part of a commercial mission operated by Axiom Space, along with three other astronauts.
Developers based outside Mumbai are making a beeline for India's largest real estate market through redevelopment projects. These include Delhi-based DLF, Bengaluru-based Prestige Estates and Puravankara, Pune-based Kolte-Patil Developers and Vascon Engineers, and Hyderabad-based Ramky Estates.
There is a need for real-time or near real-time credit reporting, instead of the current fortnightly system, to improve underwriting precision, enable timely reflection of borrower actions such as loan closures or repayments, and deliver a superior consumer experience, Deputy Governor of the Reserve Bank of India (RBI), M Rajeshwar Rao said on Wednesday.
While Alia Bhatt and Janhvi Kapoor marked their debuts at Cannes 2025, Aishwarya Rai Bachchan made a return and made her presence felt the way only she can.
'The Railways is today running train services with 30% less number of loco pilots.'
The youth today want to go where they feel happy, learn something, feel challenged, rewarded and intellectually stimulated. And then, they meet 'the manager', a relic of the first industrial revolution. A fascinating excerpt from Aseem Dhru's book, Mondays @ 7.
'The next decade will be even more transformative,' says Prime Minister Modi. 'We are moving from digital governance to global digital leadership.'
'The government is actively engaging with EU to ensure that concerns of Indian companies and hard-to-abate sectors are adequately addressed under CBAM'
AI and machine learning remain the top focus areas, followed by software development (36 per cent) and cybersecurity (35 per cent).
The foremost lesson for India today is to beef up its air defence to cater for multiple drone attacks. As seen in Operation Sindoor, we have come a long way, but there's room for getting better. We must develop a robust and almost impregnable air cover over ourselves, asserts IAF veteran Air Commodore Nitin Sathe (retd).
The Army on Monday showcased a demonstration of how Indian Air Defence systems, including AKASH missile system, L-70 Air Defence Guns, saved the Golden Temple in Amritsar and cities of Punjab from Pakistani missile and drone attacks.
More than one million cybersecurity incidents were flagged within 10 days.
It is 10 years since Bandhan Financial Services became the first microfinance institution (MFI) to receive the universal bank licence. A year later, in 2015, it started operations. Bandhan's entry into banking was seen as a vote of confidence by the Reserve Bank of India (RBI) for the country's microfinance sector. Subsequently, the RBI awarded small finance bank licences to nine MFIs.
Nikita Dutta has the innate ability to create versatile looks by blending multiple fashion elements.
'I have donated Rs 1,000 towards the party fund of the Bharatiya Janata Party. Our ideal of always putting Nation First and the culture of lifelong selfless service by our cadre will be further strengthened by your micro-donation. Help make BJP strong. Help make India strong,' Modi tweeted.
